CATL develops innovative battery for electric vehiclesAugust 17, 2020
According to representatives of the Chinese company CATL, the refusal to use rather expensive nickel and cobalt in the production of batteries for electric vehicles will help reduce the cost of the electric vehicles themselves.
China’s Contemporary Amperex Technology Co Ltd (CATL), a supplier to the car manufacturer Tesla, is developing a new type of battery for electric vehicles. The battery will not contain expensive nickel and cobalt, a company executive said on Saturday.
Nickel and cobalt are key components in modern electric vehicle batteries. Battery manufacturers from Japan’s Panasonic to South Korea’s LG Chem are cutting back on expensive cobalt in their nickel-cobalt-aluminum (NCA) or nickel-cobalt-manganese (NCM) batteries.
Tesla CEO Elon Musk has previously approached mining companies to produce more nickel, warning that the current cost of batteries remains a major obstacle to the growth of electric vehicle sales worldwide.
CATL, based in Ningde, China, manufactures NCM batteries and supplies lithium iron phosphate (LFP) batteries to Tesla. CATL has partnerships with Japanese Toyota and Honda and supplies components for German electric vehicles Volkswagen and Daimler.
The new battery type will differ from existing NCA, NCM and LFP batteries and will not contain expensive metals such as nickel or cobalt, said Meng Xiangfeng, senior executive director of CATL, at an industry conference held by the China Association of Automobile Manufacturers in Shanghai.
Mr. Meng did not provide details on the composition or cost of the planned battery type. CATL is also developing a separate technology to integrate battery cells directly into the electric vehicle frame to increase the range.
Not so long ago, our publication wrote that GM will demonstrate a battery with a resource of 1,600,000 km. General Motors is developing a new generation of durable batteries for electric vehicles.
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